Early responses to our latest survey question have strongly endorsed the idea that the Federal Reserve Board should establish an ability-to-repay standard for subprime mortgages.As of midday Friday, the tally stood at 75 in favor and 38 opposed. To go to the survey, see the left column of the NMN home page.
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The rates of single parent homeownership by gender differ by 14 percentage points, even though more single women own homes than men.
2h ago -
Purchases and refinances both contributed to weekly growth, with notable increases in certain government-lending segments, the Mortgage Bankers Association said.
2h ago -
McCargo will succeed Teresa Bryce Bazemore at what the former sees as a "transitional, pivotal moment" for the Federal Home Loan bank.
5h ago -
Freddie's plan "has merit," but if also used by Fannie, it might create competition for many closed-end, second liens in PL RMBS, according to new research.
7h ago -
While the company made headway in reducing operational costs, it incurred several million dollars worth of expenses as it dealt with the January incident.
May 7 -
Federal Reserve Chair Jerome Powell said there have been "no decisions" on the controversial capital reform plan, but banks and others who have criticized the proposal are eager for an indication about what's next.
May 7